News of a second large distribution center, anticipated to also be completed by late summer, was announced this week in the West Mobile area.
Mobile-headquartered Lafayette Land Company, a family-owned real estate firm in charge of the project, declared that the development will be built out on some four acres of land located between Western Drive and the East Interstate 65 Service Road.
First reported in Lagniappe several weeks ago, the commercial real estate deal was initially closed last month. The site was purchased for $405,000 and will reportedly become one of the largest retail distribution centers ever built by the 101-year-old, publicly traded Thomasville, Georgia-based Flowers Foods Company (NYSE: FLO). According to its website, the retailer topped $4 billion in total sales for 2018.
Opening its first bakery in 1919, the family-owned business now operates 46 shops in 19 states across the country that produce a wide range of well-known brands including Nature’s Own, Dave’s Killer Bread, Tastykake, Wonder Bread, Sunbeam and Bunny Bread.
Upon completion, the retail distribution center will have 22 truck docks and a retail baked goods outlet. The facility will also be responsible for creating around 25 new full-time jobs locally. The project is being financed by Renasant Bank in Mobile and handled by Ryan New, corporate relationship officer.
The program manager on the project for Lafayette Land Company is Robert J. “Bobby” Isakson II, while the broker for the sale of the land is Nathan D. Handmacher with Stirling Properties. The build-out timeline and opening plans for the facility is currently slated for late summer 2020.
Out of the Box Ventures LLC, a Popeyes franchisee, has purchased the former Monterrey Grill restaurant for $875,000. The property covers a footprint of some 40,097 square feet and is located at 201 McMeans Ave., near Highway 59 and Highway 31 in Bay Minette.
The property is located next door to a Waffle House and adjacent to other retailers such as Walmart, Tractor Supply Co., Hibbett Sports and Cato.
Out of the Box also picked up additional land next to the site for $100,000 to create two separate retail parcels. The larger section will demolish the former restaurant building to construct a new Popeyes fast casual eatery. The smaller plot is currently available for sale or lease.
John Vallas Jr. with Vallas Realty Inc. handled the transaction for the buyer. Construction work is anticipated to begin at the site in May, per Vallas Jr.
A new “gourmet to-go” grocery store called The Pantry at The Wharf has leased some 1,805 square feet of retail space inside Orange Beach’s retail and tourist destination center, which is currently shuttered by the COVID-19 pandemic.
Expectations are to open sometime this year and the boutique shop will be located in Suite F-106 on Wharf Parkway. Jeff Barnes with Stirling Properties handled the transaction. New hire plans were unknown as of press time.
Arlington, Texas-based Forestar Real Estate Group Inc. has leased some 2,720 square feet of office space inside the Montrose Square office building located at 24190 U.S. Hwy. 98 in Fairhope.
Grand opening and hiring expectations for the new branch were unknown as of press time. The company has a strategic relationship with national homebuilder D.R. Horton, which has a strong footprint in Baldwin County. Jeff Barnes with Stirling Properties handled the transaction.
Jay O’Brien with J.L. O’Brien & Associates Inc. reported the sale of some 7.7 acres of land located near the northwest corner of Highway 181 and Gayfer Avenue in Fairhope for $1.025 million. The investor who acquired the property is planning to construct a mini-warehouse storage facility. Jeremy Friedman with Katapult Properties worked for the buyer in the transaction.
Matt Cummings with Cummings & Associates Inc. reported the lease of 4,000 square feet of retail space located at 3728 Moffett Road in West Mobile to The Rim Shop, an automobile tire rim retailer and repair center. Opening dates and staffing needs were unknown as of press time.
Coastal Family Health Care Inc. has purchased a 16,868-square-foot retail space located at 951 Main Street in Leakesville, Miss., for $630,000. The space was formerly occupied by Fred’s Super Dollar and will be redeveloped into a health care facility. Angie McArthur with Stirling Properties handled the transaction.
CPSI rolling out COVID-19 telehealth portal for free
CPSI, a health technology company headquartered in Mobile, announced in a press release it is offering a new telehealth portal to doctors, clinics, hospitals and other health care providers, worldwide, for free this year. The technology is called “Talk with Your Doc.”
“One of the core things that we were hearing from our customer base, as a result of the coronavirus crisis, is that they have patients that want to receive care primarily for two reasons,” David Dye, chief growth officer at CPSI, said. “First, patients might feel as though they are experiencing COVID-19 symptoms and want to interact with a caregiver to see if they might have the virus. Second, we have many patients out there, especially in rural communities, that already have chronic care conditions.”
He went on to say the idea behind the tech is to encourage medical visits without putting patients at COVID-19 exposure risk. “Talk with Your Doc” connects doctors with patients through a user-friendly online portal.
Patients have the option of setting up video chats with health care providers, sharing health records, getting their vital signs checked (blood pressure, heart rate and temperature readings), alerting their doctors to issues and getting pre-screened for COVID-19. Physicians are enabled to touch more patients and provide ongoing off-premise care. Additionally, due to new medical regulation changes, the visits are also reimbursable.
Dye said the fee for licensing the software would typically range from $10,000 to $30,000 per year for smaller medical clinics, and in the neighborhood of millions annually for larger hospital systems.
“This technology was developed primarily by our subsidiary, Get Real Health. Their core mission is to develop patient engagement solutions, for laptops or handheld devices, that stores all health record information in one place. It will be available for patients, families and caregivers,” he said.
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